do you think they will quit?
- Thread starter mattheman
- Start date
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
How you define 'enough' profit? Clearly it doesn't generate 'enough' profit or there would be no need to seek alternative profit avenues?
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- 30 Jul 2006
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- 12,130
Let them drink sparkling wine out of normal sized bottles - worthless SCUM!
Except the general public (taxpayers) are effectively 70% of the shareholders so their opinion is relevant... or do we let HMG do what it wants?
If the bank made a loss this year despite £5bn from the investment side of the business where exactly is this profit going to come from?
Don't worry, scorza knows how to do business better than any of the top paid executives. Thats why he's a... err... what DOES he do anyway? He's obviously highly paid with all his amazing knowledge on how to do business in the best possible way.
[TW]Fox;15448466 said:
Then you lose focus on your core business. Not sure why you have such a problem with this, companies sell profitable parts of their business all the time. Just recently RBS announced it was selling its stake in RBS Sempra Commodities, which I understand to be a very profitable company.
the correct decision for the shareholders is to pay the bonus.. anything else is not in the financial interest of the taxpayers.
I don't work in that industry and to be honest I've no clue how the bonuses would work for them. The point I was trying to make is it would ridiculously unfair to use the carrot and stick approach and then not actually provide the carrot if they reach the goal you've set out. That sector of the bank made £5bn profit, they don't have any control over other sections which are unprofitable.
If the company doesn't provide a working environment where the employees feel secure and happy about how they are paid then they'll only have worthless employees because all the good ones will jump ship to another bank.
It's not really a role that can be done by joe bloggs off the street so they need to provide wages and incentives to attract the people with the skill sets they need. If the government hamstrings them so they can't do that they might as well not have bailed them out in the first place.
lol huddy so RBS when they were in Profit a few years ago were giving out free mortgages and loans
I've never had anything for free from a bank...;EVER!
Please show me where the taxpayer is benefitting from this arrangement? RBS was on the brink last time I checked...
Would you have preferred it if the investment bank didn't make £5bn?
You don't have a bank account?
Welcome to life, it's not fair. The company I work for made a profit last year, a big profit in the UK but some losses in continental Europe dragged the group as a whole down. Guess what, we get told there's no money for payrises or discretionary bonuses this year and next.
Are you skills valuable enough that you could easily walk into another position where bonuses are honoured?
Some of the replys are hilarious here. Imagine you had been promised bonuses based on your performance, then despite hitting the targets set, having them taken away! The only difference is we are talking serious amounts of money. However these people have brought in even bigger sums of money! People seem to think that after a certain wage, people should work for free. You do realise how hard some of these jobs are, these people dont just sit twiddling their thumbs all day, the stress involved must be massive.
